2021 Sunset Glenoaks Studios. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals, High Street, Daiwa bring resi to River Oaks, St. Charles revamp of torched resort takes center stage in local City Hall races, LIV plans massive resi project in Fort Worth, KBS deal to sell Union Bank Plaza to Joel Schreiber delayed for 9th time. We are customizing your profile The Sunset Glenoaks studio has been delayed for seven years, and now stands to be first line for a new tax credit. In the fourth quarter, Hudson Pacific finished its 584,000-square-foot One Westside project a former mall that was redeveloped into office space and is leased to Google. We are excited to share that Quixote has been acquired by Hudson Pacific Properties. . Hospdate en esta casa de vacaciones en Norte de Hollywood. About 616 Golden Gate Pt #7. Amid a production rise fueled by Hollywood's pivot to streaming, the need to lock in filming space is becoming more critical and a soundstage boom is overtaking the Southland, with . With about 240,000 square feet across more than 10 acres, the new . For a time stages 12 and 14 became indoor tennis courts. , Second Gentleman Doug Emhoff To Headline Starz and MPA Event On Importance Of Women Leaders In Government And Entertainment, Tom Sizemore Dies: 'Saving Private Ryan' & 'Black Hawk Down' Star Was 61; Reactions + Career In Photos, Will Moviegoers Lend An Ear To Children Of The Corn Remake? 1. Sunset Boulevard adding storage area of 628,000 square feet (58,300m2). Established in 1912, it continues today as Hollywood's largest independent studio[1] and an active facility for television and film production on its twelve soundstages. Hudson Pacific, Blackstone Launch Big Studio Project Sunset Glenoaks Studio Project Delayed Long Enough to Get Tax Credit The film . A show stopper is this direct front 2nd floor residence. It will have seven soundstages, offices and other production facilities on 10 acres. This fabled orchid breeder loves to chat just not about Trader Joes orchids, Best coffee city in the world? Gavin Newsom signed a new $150 million tax credit into law, which is aimed to spur the construction of new production facilities. When Sunset Glenoaks is complete, Hudson Pacific and Blackstones Sunset Studios brand will have 42 soundstages. 3.We own 20% of the ownership interests in the unconsolidated joint venture that owns Burrard Exchange. New York-based RBC Real Estate Capital Partners provided the loan, property records show. Named Sunset Glenoaks Studios, the project will rise on a 10-acre site at 11070 W. Peoria St. and contain seven film and television sound stages ranging from 15,000 to 21,000 square feet, along with production office and support space. 1 Available. Deadline is a part of Penske Media Corporation. Helped in addressing FLS comments, produced construction details, revised drawings, conducted Code analysis, exiting analysis, and plumbing Upon its completion, the joint venture will collectively own and operate 42 stages, or 3.5 million square feet, of LA-area studio facilities under the Sunset Studios platform. Other recently announced studio projects include a $650-million plan to build 17 soundstages on a site now occupied by the Los Angeles Times printing plant on Olympic Boulevard in an industrial neighborhood in downtown Los Angeles. One of "Sunset's best cabin getaways". The neighbors didnt like the plan, citing traffic and other objections, and the project got bogged down in years of costly litigation. When Sunset Glenoaks is complete, Hudson Pacific and Blackstones Sunset Studios brand will have 42 soundstages, and the owners said they are pursuing other expansion opportunities in Los Angeles, New York, London and Vancouver, Canada. This field is for validation purposes and should be left unchanged. The project includes EV charging stations, bike parking, and showers, and will be 100% carbon neutral. What are you most curious about? if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'whatnowlosangeles_com-medrectangle-3','ezslot_0',133,'0','0'])};__ez_fad_position('div-gpt-ad-whatnowlosangeles_com-medrectangle-3-0'); The total development cost for Sunset Glenoaks Studios is expected to be between $170 million and $190 million, according to the recent announcement. On an earnings call Thursday, Hudson Pacific said construction has already started on Sunset Glenoaks, with opening slated for 2024. The consent submitted will only be used for data processing originating from this website. A CERTIFIED LOS ANGELES SLB. The Sunset Gower Studios lot, the home of such Columbia classics as Frank Capra's It Happened One Night in 1934, Mr. Smith Goes to Washington in 1939, the Three Stooges shorts, Funny Girl and The Caine Mutiny, has continued to host productions of top new films such as The Good Shepherd and The Good German. Get our latest storiesin the feed of your favorite networks. Signup for Breaking News Alerts & Newsletters. (15) We own 50% of the ownership interest in the unconsolidated joint venture that owns Sunset Glenoaks Studios. Two big projects recently surfaced in Downtown L.A. Atlas Capital Group wants to convert a former Los Angeles Times printing plant into a 17-stage campus, while East End Capital is planning a 237,000-square-foot complex closer to the Arts District. Sarah Butler. Beautiful hardwood floors, quartz counters, and shaker cabinets bring the kitchen to life, while also featuring a countertop bar to dine at, or dine at the dining table surrounded by windows. Assistant Project Manager, Sunset Glenoaks Studios. The state-of-the-art, purpose-built location in Sun Valley is at 11070 W. Peoria Street, a 20-minute drive from Hollywood and ten minutes from Burbank. Jacob Werner, senior managing director for Blackstone Real Estate, said Sunset Oaks is the first large-scale studio development in the last 20 years in the city. fridge, range, hood and Brand new dishwasher. It will cover 240,000 square feet on over 10 acres with seven sound stages. Plans also call for 120,000 square feet of accompanying stage support space, offices with views of the surrounding hillside, a mill, and parking for up to 450 vehicles. In July, Hudson Pacific and Blackstone announced the duo were planning to build a $190 million studio complex across 10 acres on Peoria Street in Sun Valley named Sunset Glenoaks. It has building amenities including onsite management, fitness center, on site laundry, garage parking, roof deck, and outdoor space. - Sunset Magazine. Roger Vincent covers commercial real estate for the Los Angeles Times. Hudson Pacific buys Quixote Studios in $360-million deal The Registry-November 2, 2021 0. 3+ 3+ Beds. Its Sunset Glenoaks Studios is . The property was home to a gravel mining operation until 1974, when it was filled in and left vacant. A rendering of a soundstage at the planned Sunset Glenoaks Studios in Sun Valley. Sunset Gower Studios is now working closely with its sister company Sunset Bronson Studios, located just a couple of blocks east on the site of the original Warner Bros. lot (192337), formerly owned by Tribune Broadcasting, and Sunset Las Palmas Studios, formerly the Hollywood Center Studios until 2017. We want to hear from you! Sunset Gower Studios is a 14-acre (57,000m2) television and movie studio at the corner of Sunset Boulevard and Gower Street in Hollywood, California. New demand for big entertainment-related spaces comes from old-line entertainment companies and newcomer streaming services such as Netflix, Apple TV+ and HBO Max. 2. The home is located at the end of the cul de sac. Dubbed Sunset Glenoaks Studios, the 240,000-sq-ft, 10-acre project will house seven stages, ranging from 15,000 to 21,000 sq ft with 35-ft or 40-ft clear heights. The studios are located at 5800 Sunset Boulevard, 1438 N Gower Street, and 1040 N Las Palmas Avenue, respectively. Q&A: James Seppala on Expanding Blackstone's Content Creation Reach in Other proposed ground-up studio developments in the Los Angeles area include Echelon Studios, a $450-million project planned by Bain Capital Real Estate and BARDAS Investment Group in Hollywood, the $1.25-billion Television City 2050 plan, and a $650-million complex proposed for the L.A. Times Printing Plant site in Downtown. Sunset Studios: 700m Hollywood studio set to open in the UK The $150 million will be doled out by the California Film Commission on a first-come, first-served basis. Mark Lammas, president of Hudson, said during the quarterly earnings call that the firm expects Sunset Glenoaks to generate approximately $15 million of new annual income once its operational. Local soundstages have remained leased during the pandemic; location shoots, which had dwindled to a trickle during the worst months of the pandemic, are mounting a comeback. Harry Cohn died in 1958 at the age of 66. Big players have been jumping in. Hudson, in partnership with Blackstone, has acquired Sunset Gower, Sunset Bronson, Sunset Las Palmas and is developing Sunset Glenoaks, becoming become one of the largest independent owner-operators of studio space. 434 W. Dryden Street Apartments - 434 W Dryden St, Glendale, CA 91202 The pair own Sunset Gower Studios, Sunset Bronson Studios and Sunset Las Palmas Studios, all historic studios in Hollywood that have been updated and lease production facilities and offices to people in the entertainment industry. The complex is the second large project the two firms have undertaken since HPP sold a 49 percent stake in its studio portfolio to Blackstone last year. Well maintained complex. We are leveraging our development and studio operations expertise to further expand Sunset Studios facilities here in Los Angeles, where demand from leading content creators for top-notch, fully integrated sound stages and support space continues to significantly outpace supply.. Sunset Glenoaks Studios will have seven soundstages for the production of movies and television shows when it opens in late 2023, developers Hudson Pacific Properties Inc. and Blackstone said. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Last week, Hudson Pacific Properties and Blackstone announced plans for Sunset Glenoaks Studios, a project which would rise from a currently vacant 10-acre site at 11100-11220 W. Peoria Street.
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